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...Icelandic Industries, talks with Bloomberg's Nina De Roy in Reykjavik about the collapse of the country's financial system and the difficulties faced by businesses trying to stay afloat. (Source: ...
a month ago
Bloomberg - Financial News
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...Icelandic delegation heads to Moscow to hammer out details of a mulit-billion dollar loan to try and save its economy from collapse. However, the loan has raised question's about Russia's motives ...
2m 11s |
a month ago
Reuters
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Iceland's Prime Minister Geir Haarde talks with Bloomberg's Nina de Roy in Reykjavik about the failure of the country's banks, the collapse of the krona and the prospect of assistance from Russi, the ...
a month ago
Bloomberg - Financial News
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The INTERNATIONAL
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Iceland's stock exchange has plummeted by 76 per cent during the first session of trading after a three-day suspension.
a month ago
Australian Broadcasting Corp (VOD)
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Icelandic bar-goers speak to CNN's Jim Boulden about Iceland's current economic woes.
2m 5s |
a month ago
CNN
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John Sparks
The Bank of England lent £100m to its Icelandic counterpart this week, as efforts continue to save British depositors' money. At present, anyone who has money in a UK bank or building society, or with a credit union, will be paid up to £50,000 if the organisation goes bust. That figure is doubled to £100,000 for joint accounts. But if you have money in an offshore account in the Channel Islands, none of your money is guaranteed by the financial services compensation scheme if the institution fails. The Isle of Man has its own compensation scheme which, like the rest of the UK, is guaranteed up to £50,000. Many depositors invested their money in the Channel Islands or the Isle of Man with Icelandic banks for the attractive rates of interest and tax breaks. It is not clear how much money they will get back as the banks have gone into administration.
a month ago
Channel4 News
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